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A bond with maturity in 14 years, an annual coupon rate of 4.5% ( paid semiannually ), and a face value of $1,000 is priced

A bond with maturity in 14 years, an annual coupon rate of 4.5% (paid semiannually), and a face value of $1,000 is priced to yield 5.25%.

a) What should the bond price be today?

b) Suppose the bond were actually priced at $931.89, What would be the bonds Maturity (in years)?

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